The board of directors of Xinchen China Power Holdings Limited announced that Mr. Liu Tongfu has resigned as a non-executive Director with effect from 29 June 2020 due to his other business engagement. The Board has approved the appointment of Mr. Gao Weimin as a non-executive Director with effect from 29 June 2020. Mr. Gao Weimin has been the chief engineer, president of the engineering research institute and vice secretary of the Communist Party of China of Huachen AutomotiveGroup Holdings Company Limited, and the chairman and secretary of the Communist Party of China of Huachen Automotive Manufacturing Company Limited, since August 2019.